Another Good News for Ethereum from the USA: A New Name Has Been Added to the List

Another good news came from the stock exchanges in the USA for the leading altcoin Ethereum.

Fidelity Investments' US spot Ethereum exchange-traded fund (ETF) has been added to the Depository Trust and Clearing Corporation's (DTCC) ETF list.

The fund, called Fidelity Ethereum FD Beneficial INT, was included in the list with the code FETH. It is stated in the list that this fund is not active yet.

DTCC has so far added spot Ethereum ETFs, which are expected to be established by VanEck, Franklin Templeton, and BlackRock, to its list.

The U.S. Securities and Exchange Commission (SEC) last week approved applications for a spot Ethereum ETF filed by BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark Invest, Invesco Galaxy and Franklin Templeton. S-1 filings also need to be approved before the funds can enter the market.